Tokyo
Unlock the data for all Markets
Annual revenue (actual)
¥11.3m
12 mo avg
↓7%
from prior 12 mo
Occupancy rate
66%
12 mo avg
↓6%
from prior 12 mo
Avg daily rate
¥38,312
12 mo avg
↓0%
from prior 12 mo
Lead time
42 days
12 mo avg
↓1 days
from prior 12 mo
Revpar
¥22,707
12 mo avg
↓4%
from prior 12 mo
Methodology note: Figures reflect Tokyo market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
Shows how specific amenities impact revenue. Beware false correlation i.e. more expensive properties tend to have pools or views.
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Sauna | — | +¥13,856,960 | — | — |
| Pool | 🔒 6 (•%) | 🔒 +¥9•••••• (+•••%) | 🔒 ¥1••••••• | 🔒 ¥8•••••• |
| Barbecue | 🔒 5• (•%) | 🔒 +¥4•••••• (+••%) | 🔒 ¥1••••••• | 🔒 ¥8•••••• |
| EV Charger | 🔒 2• (•%) | 🔒 +¥3•••••• (+••%) | 🔒 ¥1••••••• | 🔒 ¥8•••••• |
| Heating | 🔒 1•••• (••%) | 🔒 +¥2•••••• (+••%) | 🔒 ¥8•••••• | 🔒 ¥6•••••• |
| Internet | 🔒 1•••• (••%) | 🔒 +¥1•••••• (+••%) | 🔒 ¥8•••••• | 🔒 ¥7•••••• |
| Gym | 🔒 5• (•%) | 🔒 +¥1•••••• (+••%) | 🔒 ¥9•••••• | 🔒 ¥8•••••• |
| Bicycles | 🔒 1•• (•%) | 🔒 +¥5••••• (+•%) | 🔒 ¥9•••••• | 🔒 ¥8•••••• |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
Studio (5.0 nights)
1 bedroom (4.7 nights)
3 bedrooms (4.6 nights)
2 bedrooms (4.5 nights)
4+ bedrooms (4.5 nights)
Cleaning fee by bedroom
1 bedroom (¥218)
2 bedrooms (¥203)
3 bedrooms (¥131)
4+ bedrooms (¥119)
Studio (¥52)
Professional host share
Professionally managed (83%)
Independent hosts (17%)
Over the 12 months ending September 2026, the Tokyo market averaged 10,258 active Airbnb and VRBO listings, up 35% from a year earlier and up 80% over two years.
An average Tokyo listing earns ¥9M/year. High-performing listings earn ¥27M, while low-performing listings earn ¥5M.
Average occupancy in Tokyo is 57%, producing RevPAR of ¥19K per available night.
4+ bedroom listings generate the highest average annual revenue in Tokyo, at ¥18M.
Rules vary across Tokyo. Tokyo: Moderate. Registration required under Minpaku Law, 180-day annual cap, residential zone restrictions (often limiting to weekends/holidays). Enforcement improving but inconsistent; many hosts operate via hotels/ryokan licenses to bypass caps. Yokohama: Moderate. Same Minpaku Law applies, 180-day cap, residential restrictions. Enforcement similar to Tokyo—moderate with some illegal operations persisting. Kawasaki: Moderate. Minpaku registration mandatory, 180-day limit, zoning restrictions. Enforcement present but not aggressive; compliance varies. Verify requirements for the property's jurisdiction.
The Tokyo Airbnb and VRBO market appears broadly balanced. Supply has grown 35% year-over-year, while RevPAR has increased 5%, showing no clear supply-demand imbalance.
RevPAR is highest in November and October; it is lowest in August and June.
The most common amenities are Air Conditioning (99%), Internet (95%), Kitchen (93%). The strongest positive revenue associations are Heating (+34%), Washing Machine (+33%), Internet (+19%).
Average daily rate in Tokyo is ¥40K, up 6% year-over-year. Rates peak in October and are lowest in June.
Guests in Tokyo book an average of 41 days in advance, down 8% from last year. Booking windows range from 39 days for 1-bedroom listings to 49 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Thursday. Weekend occupancy is 20% higher than weekday occupancy.
(0)
Filters (0)